WASHINGTON – The Biden administration today announced an executive order directing the federal government to leverage the power of procurement to shift the government to 100 percent clean vehicles, clean energy and net-zero energy efficiency in buildings by 2050.

The move will also advance private-sector innovation, investment and jobs and help put our economy on the path to a cleaner economy, according to the national nonpartisan business group E2 (Environmental Entrepreneurs).

Following is a statement from E2 Executive Director Bob Keefe:

“From communications to medical devices to space travel, federal procurement has created and driven markets, jobs and innovation since the founding of our country.

“This smart executive order will help to do the same, while also helping combat climate change and saving taxpayers money.”

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Environmental Entrepreneurs (E2) is a national, nonpartisan group of business leaders, investors, and professionals from every sector of the economy who advocate for smart policies that are good for the economy and good for the environment. Our members have founded or funded more than 2,500 companies, created more than 600,000 jobs, and manage more than $100 billion in venture and private equity capital. For more information, see e2.org or follow us on Twitter at @e2org.

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